https://www.howestreet.com/2025/05/bitcoin-still-has-room-to-grow-mark-leibovit/

U.S. Markets Finish Mixed And Little Changed

Stock shook off a sluggish start on Friday, with the major U.S. markets posting a mild recovery to finish mixed and little changed.

The Dow rose 54.34 points or 0.13 percent to finish at 42,270.07, while the NASDAQ slipped 62.11 points or 0.32 percent to close at 19,113.77 and the S&P 500 eased 0.48 points or 0.01 percent to end at 5,911.69.

The early selling pressure on Wall Street came after President Donald Trump accused China of violating the trade agreement reached last month.

Trump said in a post on Truth Social that “everything quickly stabilized and China got back to business as usual” following the trade deal.

“Everybody was happy! That is the good news!!!” Trump said. “The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!”

But bargain hunters fueled the mild recovery later in the day.

In U.S. economic news, a closely watched report release by the Commerce Department showed consumer prices in the U.S. crept slightly higher in the month of April.

The Commerce Department said […]

https://www.howestreet.com/2025/05/bitcoin-still-has-room-to-grow-mark-leibovit/

U.S. Stocks Close Moderately Higher Following Choppy Trading Day

After failing to sustain a strong move to the upside early in the session, stocks fluctuated over the course of the trading day on Thursday.

The major averages bounced back and forth across the unchanged line before eventually closing moderately higher.

The Dow rose 117.03 points or 0.3 percent to 42,215.73, the Nasdaq climbed 74.93 points or 0.4 percent to 19,175.87 and the S&P 500 increased 23.62 points or 0.4 percent to 5,912.17.

Early buying interest was generated in reaction to news that a federal court blocked President Donald Trump’s “reciprocal tariffs” on imports from U.S. trade partners from going into effect.

The Court Of International Trade ruled Trump overstepped his authority to impose the tariffs by invoking emergency economic powers.

“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the three-judge panel wrote.

The judges also said tariffs on Canada, Mexico and China related to drug trafficking “fail because they do not deal with the threats set forth in those orders.”

The Trump administration immediately appealed the decision, with […]